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Full Description
The book addresses optimization in the petroleum industry from a practical, large-scale-application-oriented point of view. The models and techniques presented help to optimize the limited resources in the industry in order to maximize economic benefits, ensure operational safety, and reduce environmental impact. The book discusses several important real-life applications of optimization in the petroleum industry, ranging from the scheduling of personnel time to the blending of gasoline. It covers a wide spectrum of relevant activities, including drilling, producing, maintenance, and distribution. The text begins with an introductory overview of the petroleum industry and then of optimization models and techniques. The main body of the book details a variety of applications of optimization models and techniques within the petroleum industry.
Applied Optimization in the Petroleum Industry helps readers to find effective optimization-based solutions to their own practical problems in a large and important industrial sector, still the main source of the world's energy and the source of raw materials for a wide variety of industrial and consumer products.
Contents
Part I.- Background.- Introduction to the Petroleum and Petrochemical Industries.- Introduction to Optimization Models and Techniques.- Part II.- Applied Optimization in the Petroleum Industry.- Optimum Locations for Drilling Platforms.- Simulation-Based Optimization of Valve Inspection.- Refinery Turnaround Maintenance Scheduling.- Simulation-Based Days-Off Scheduling of a Pipeline Maintenance Workforce.- Optimum Gasoline Blending in Petroleum Refining.- Refined Products Distribution Network Design.- Remote-Site Employee Scheduling with Transportation Considerations.- Ship-Loading Scheduling at an Export Terminal.
